PRICING SUPPLEMENT Registration No. 333-08369-01 Filed Pursuant to Rule 424(b)(2) United Parcel Service, Inc. UPS Notes Pricing Supplement No. 52 Trade Date: 01/27/03 (To Prospectus dated March 22, 2000 and Prospectus Issue Date: 01/30/03 Supplement dated December 20, 2001) The date of this Pricing Supplement is January 28, 2003
CUSIP or Common Code Principal Amount Interest Rate Maturity Date Price to Public ----------- ---------------- ------------- ------------- --------------- 91131UFA7 $6,901,000.00 3.25% 07/15/08 100% Interest Payment Frequency Dates and terms of redemption (begin date) Survivor's Option Subject to Redemption (including the redemption price) ---------------- ----------------- ---------------------- -------------------------------- 02/15/03 Yes Yes 100% 01/15/04 monthly semi-annually thereafter Discounts and Proceeds to UPS Commissions Reallowance Dealer Other Terms --------------- ----------- ----------- ------------------ ----------- $6,831,990.00 $69,010.00 $1.50 ABN AMRO Financial Services, Inc.